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URBAS Reports 2024 Financial Results and Strengthens International Presence

Story Highlights
  • URBAS reported a turnover of 170 million euros and reduced debt by over 100 million euros.
  • URBAS strengthens its international presence with promising prospects in key regions.
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URBAS Reports 2024 Financial Results and Strengthens International Presence

Urbas Grupo Financiero, S.A. ( (ES:UBS) ) has shared an announcement.

URBAS reported a turnover of 170 million euros and a positive EBITDA of 6.3 million euros for the fiscal year 2024, while reducing its debt by over 100 million euros. Despite recording negative results of 137 million euros due to a reorganization of its construction business, URBAS maintains a net worth of 515 million euros and is strengthening its international presence, particularly in the Middle East, LATAM, and Africa, with promising prospects in sectors like water, gas, and renewable energies.

More about Urbas Grupo Financiero, S.A.

URBAS Grupo Financiero, S.A. is a global company specializing in sustainable infrastructure and building, real estate development, renewable energies, senior segment, and healthcare. The company focuses on international business and real estate development, with significant operations in the Middle East, LATAM, and Africa.

Current Market Cap: €36.71M

See more insights into UBS stock on TipRanks’ Stock Analysis page.

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